City Council

11. Accept the Notice of Completion for Grand and Bennett Avenue Traffic Signal Modification, Left Turn\nPhasing, Plan No. 1351\nRecommended Action for City Council:\n— 1. Accept the completion of Grand and Bennett Avenue Traffic Signal Modification, Left Turn Phasing\nProject, Plan No. 1351, by California Professional Engineering, Inc.;\n— 2. Approve the final contract amount of $302,296.75;\n— 3. Authorize the Mayor or his designee to sign & file the Notice of Completion with the County of Los\nAngeles Registrar-Recorder;\n— 4. Authorize the City Manager to release the project retention in the amount of $15,114.83 to California\nProfessional Engineering, Inc., 35 days following recordation of the Notice of Completion, if no claims have\nbeen received;\n— 5. Authorize the release of the Payment Bond in the amount of $278,439, six months after recordation of\nthe Notice of Completion, if no claims have been received; and\n— 6. Authorize the release of the Performance Bond one-year following recordation of the Notice of\nCompletion if the improvements remain free from defects in materials and workmanship.